October 2009

First Time Homebuyers Tax Credit — Some Practical Questions

October 27, 2009 by admin · Leave a Comment 

How do I apply for the credit?
There is no pre-purchase authorization, application or similar approval process. All eligible purchasers simply claim the credit on their IRS Form 1040 tax return. The credit will be reflected on a new Form 5405 that will be attached to the 1040. Form 5405 can be found at [...]